art museums should sell more of their collections
Michael O’Hare of UC Berkeley talks about policy reform in art museums in this Econtalk podcast. He made two points that I like a lot:
- Art museums hold tons of materials that are never shown, looked at, or studied. Why not sell the bottom 1 or 2% of holdings to make attendance free?
- Museum ticket prices should be zero. Why? Marginal cost is equal to zero. In most museums, the galleries are empty most of the time and most studies show that raising prices decreases attendance. In most cases, viewing art does not exclude others.